By Walt Hickey Whistle The U.S. Securities and Exchange Commission said it received 6,900 tips alleging white collar crimes in the fiscal year that ended in September. That is a 31 percent jump over the previous cycle. Narcing on a crooked colleague can lead to a pretty healthy payday, given the SEC program of paying whistle-blowers a percentage of the take from a successful investigation, and for some reason back in March people had a lot more time on their hands for some reason! Over the course of the pandemic, the SEC paid out $330 million in awards, with $114 million going to one person in October. While the SEC absolutely never reveals the name of whistle-blowers, if Gary from Accounts Receivable starts snapping Instagrams from David Geffen’s yacht that’s his business.
Numlock News: January 13, 2021 • Pancakes, N…
By Walt Hickey Whistle The U.S. Securities and Exchange Commission said it received 6,900 tips alleging white collar crimes in the fiscal year that ended in September. That is a 31 percent jump over the previous cycle. Narcing on a crooked colleague can lead to a pretty healthy payday, given the SEC program of paying whistle-blowers a percentage of the take from a successful investigation, and for some reason back in March people had a lot more time on their hands for some reason! Over the course of the pandemic, the SEC paid out $330 million in awards, with $114 million going to one person in October. While the SEC absolutely never reveals the name of whistle-blowers, if Gary from Accounts Receivable starts snapping Instagrams from David Geffen’s yacht that’s his business.
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